Citi Downgrades Post Holdings (POST) to Neutral
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Post Holdings Reports Results for the Second Quarter of Fiscal Year 2015
May 7, 2015 5:25 PM EDTST. LOUIS, May 7, 2015 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST), a consumer packaged goods holding company, reported results today for the fiscal quarter ended March 31, 2015.
Highlights:
Adjusted EBITDA of $149.2 million; net sales of $1,052.7 million Completed the acquisition of MOM Brands, a leader in the RTE cereal value segment, on May 4, 2015; $50 million in run-rate cost synergies accelerated to the second full fiscal year after closing Provides update on avian influenzaSecond Quarter Consolidated Operating... More
